Post Graduate Programme in Risk Management

The Post Graduate Diploma in Risk Management (PGDRM) is a one-year, full-time, on-campus programme offered at GRMI’s Gurugram campus. It is designed for individuals looking to specialise in the field of risk management.

Graduates from any academic background and working professionals with 0–4 years of work experience can pursue the full-time PGDRM programme. It is suitable for individuals looking to gain specialised knowledge in risk management and explore career opportunities in areas such as risk consulting, financial risk, internal audit and governance.

The PGDRM is a one-year, full-time programme designed to provide comprehensive knowledge and practical exposure in risk management within a focused timeframe. The programme comprises 10 months of classroom learning, covering over 1,000 hours of industry-relevant education, followed by two months of full-time industry internship.

This structure allows students to develop a strong understanding of risk management concepts, build relevant professional skills and gain practical industry exposure through an internship. The one-year format brings together academic learning and practical experience, preparing students to transition into risk management roles.

Yes. Prior knowledge or experience in risk management is not required to pursue the PGDRM programme. Graduates from any academic background can apply, provided they meet the eligibility criteria. Having strong logical reasoning, analytical thinking and business acumen can be helpful in understanding risk management concepts.

The programme follows a practical, case-study-based approach, with sessions led by experienced industry practitioners. This helps students build their understanding of risk management from the fundamentals and develop skills relevant to industry requirements.

Effective risk management is becoming increasingly critical across industries, including services, manufacturing, telecommunications, hospitality, consulting, banking and financial services, among others. The risk advisory services market alone is valued at over USD 15 billion and is growing at an annual rate of 15%.

The top 250 companies spend approximately USD 30–50 million each on risk-related activities. This growing market creates significant career opportunities in the fields of finance and risk management for aspiring professionals.

For those looking to gain specialised knowledge in the field of Financial Risk Management, the PGDRM programme is particularly useful, as it includes comprehensive coverage of the FRM course.

With no structured and comprehensive programme available in India or even globally to address the significant skills gap in this field, risk management professionals trained at GRMI will have an edge over other professionals in this space.

Global Risk Management Institute (GRMI) is the only institute in India and globally that provides comprehensive coverage of risk management. Its curriculum is specially designed to cover all facets of risk management. It caters to the growing demand for risk professionals across consulting firms and corporates in India, making it one of the preferred courses after B.Com.

GRMI is committed to maintaining a strong governance structure, with active engagement, mentoring and support from its governing leaders. The institute is overseen by four governing bodies: the Board of Directors, Strategy Board, Global Advisory Board and Academic Council. These bodies include prominent national and international figures from industry, consulting and academia. The senior management team, comprising the founding members of the institution, including the Dean, President and Programme Director, collectively brings more than 50 years of corporate experience.

GRMI strives to provide an environment where students can interact with senior global business leaders and risk practitioners. The institute is privileged to have industry and consulting leaders associated with it who are committed to sharing their knowledge and experience with students.

We believe that the depth of experience these leaders bring adds significant value to students’ learning journeys. GRMI therefore takes pride in creating an experiential learning environment that is unparalleled among other Indian institutions.

In current market scenario, the one thing which can easily be termed as our USP is the placement opportunities for all our students, to serve a USD 40 B+ market growing at a steady pace, however, we believe that’s an end product that we are committed to deliver, and not really our USP.

We have consistently maintained a 98% placement record, with a median CTC of ₹9.75 LPA. We also believe in complete transparency and provide detailed information about our students' placements on our Internship and Placement page.

Since PGDRM is a one-year programme, it gives students a significant advantage over two-year programmes through its focus on specialised skills in the niche field of risk management and the return on investment (ROI) it offers. The faculty comprises industry and academic professionals, and the curriculum incorporates business scenarios and real-life case studies. PGDRM is a specialised postgraduate programme for graduates aiming to build a career in risk management.

After completing graduation, students reach a critical stage where choosing the right career direction becomes important. At this stage, it is essential to make a well-informed career choice that aligns with their long-term objectives. Specialised education programmes are gaining prominence as industries increasingly seek professionals with specialised knowledge and skills rather than general management qualifications.

If you are looking for accelerated career growth, with opportunities to learn and contribute to organisational success, you should explore a career in risk management. If you enjoy problem-solving, analytical thinking and contributing to organisational performance, you may be well suited to this field. Risk management opens up global career opportunities across industries, including consulting, manufacturing, services, telecommunications, hospitality, banking and financial services, among others. It is a promising career option for graduates considering specialised professional courses.

In our experience, young aspirants with a passion for learning, strong analytical skills, logical thinking abilities, an understanding of business and good communication skills can develop into successful risk management professionals.

Global Risk Management Institute (GRMI) is recognised by the Management and Entrepreneurship & Professional Skills Council (MEPSC), which operates under the Ministry of Skill Development & Entrepreneurship, Government of India. MEPSC is a recognised Awarding Body under the National Council for Vocational Education and Training (NCVET).

GRMI qualifications are also recognised by OTHM, UK. OTHM Qualifications is an awarding organisation approved and regulated by Ofqual (Office of Qualifications and Examinations Regulation), UK, and recognised by Qualifications Wales.

GRMI alumni have secured employment opportunities at leading organisations, with career outcomes comparable to, and in some cases better than, those of graduates from established postgraduate programmes in India.

GRMI does not provide a degree.

The world is moving towards specialisation. As organisations increasingly value professionals with specialised knowledge and skills, developing expertise in a specific field can help individuals build stronger career prospects in the long run. We believe that the PGDRM programme at GRMI can be considered an alternative for those seeking specialised postgraduate education. It is a full-time, one-year classroom-based programme with a cutting-edge curriculum and extensive use of live case studies to provide students with practical learning experience.

In addition to specialised papers in risk management, we also focus on the all-round development of our students. The curriculum includes carefully selected subjects such as HR, organisational behaviour, cyber risk and strategic thinking, which can benefit students in their corporate careers. We have also incorporated a unique Communication and Cultural Enhancement Module into our student development programme. Delivered through the year in a highly personalised manner, the module aims to help students improve their communication skills and cultural awareness, both of which are important for a successful global career.

At GRMI, our endeavour is to build an ecosystem for risk professionals. To achieve this, we bring consulting organisations, industry leaders and aspiring risk professionals together on a common platform to explore opportunities to work with and learn from leading professionals in the risk management space.

Our discussions with leaders from risk consulting firms and corporates indicate that the combination of deep domain knowledge and all-round development offered through the PGDRM programme can help students progress faster in their careers compared with peers entering the field with more general qualifications. This is particularly relevant for professionals pursuing careers in risk, compliance, controllership and internal audit.

The PGDRM programme has two intakes each year, in March and Sept.

The faculty at GRMI comprises a mix of academic and industry professionals who bring in-depth domain knowledge and expertise to deliver a specialised curriculum. Click here for more details.

No. The PGDRM is a one-year, full-time, on-campus programme. We do not offer online, distance-learning or part-time options.

For details about the fee structure and available loan options, click here.

The registration fee is payable after the offer letter is issued. The programme fee can be paid in instalments, as discussed with the Finance Department.

Yes. We provide assistance with student loans through our education loan partners, which include NBFCs and nationalised banks. For more details, click here.

We do not offer pre-merit scholarships. However, scholarships are available to students after completing the PGDRM programme. Click here to know more about the scholarship procedure.

GRMI is located in Sector 44, Gurugram, Haryana.

No. Currently, GRMI has only one campus, located in Gurugram.

The application and selection process for the PGDRM programme consists of the following five stages:

1. Enquiry (Elimination Stage)

• Fill in the PGDRM enquiry form on our website. You will receive an automated email containing programme details, the brochure and other relevant information. Please note that incomplete forms will not be considered. If you do not receive the email in your inbox, please check your spam folder.
• Our Admissions Team will contact you to answer your queries and guide you through the admission process.
• Research: Go through the programme brochure and website, and connect with our current students and alumni. The LinkedIn profiles of our students and alumni are available on our Internships and Placements page.

2. Preliminary Interview and Counselling Session

• Elimination Round: This round consists of an interview-cum-counselling session conducted by our Programme Counsellor over Microsoft Teams. Our Admissions Team will schedule the session at a mutually convenient time. You will receive the meeting details by email. Candidates who fail to attend this session will be eliminated from the selection process.
• First Round Interview and Counselling Call: Weightage – 30%.
• Shortlisted candidates must complete the application form within seven days of the discussion. The application form and all required documents must be submitted through the online application process. Applications and documents will not be accepted via email.
• The application fee is INR 2,500 (inclusive of GST) and is non-refundable. This amount will be adjusted against the programme fee if the candidate is shortlisted and accepts the offer. Apply Here
• Application Form: Weightage – 30%.

3. Selection Round (Elimination Stage)

• Personal Interview: Once we receive your completed application form, an online interview will be scheduled within seven days.
• The personal video interview will be conducted online via Zoom by one of our faculty members, a member of the Board of Directors or a Programme Mentor.
• The results will be announced within three days of the interview.
• Second Round Interview: Weightage – 40%.

4. Registration and Enrolment for Selected Candidates

• You will receive the offer letter at your registered email address within three days. The GRMI Administrative Office will contact you to coordinate the registration process, send a hard copy of the offer letter and share the list of documents required for registration.
• A registration fee of INR 75,000 (non-refundable) must be paid to reserve your seat. This amount includes the INR 2,500 application fee already paid.

5. Finance and Onboarding

• Education loan arrangements, direct fee payment formalities and other onboarding requirements must be completed within 30 days of receiving the offer letter.
• The first-semester fee must also be paid within 30 days of receiving the offer letter.

Campus Visits and In-Person Counselling

Students are welcome to visit the GRMI campus for a campus tour, counselling session or in-person interview. To schedule a visit, please contact our Admissions Team or fill in the campus visit form on our website.

No, there is no entrance test for admission. Every applicant goes through two rounds of personal interviews as part of the selection process.

The Admissions Team will verify the details provided in your application form and discuss the programme and selection process with you.

The completed application form will be reviewed by the Programme Office, and shortlisted applicants will be invited for an interview. The interview may be conducted in person or online through a video-conferencing platform such as Microsoft Teams. Shortlisting and interviews will be conducted on a rolling basis.

Candidates attending the interview online must ensure they have a stable internet connection, a working microphone and speakers, and a quiet, noise-free location. They can use a laptop, tablet or mobile device for the interview.

The personal interview is a 40-minute discussion covering competency-based, behavioural, situational and case-based questions. This round also focuses on assessing candidates’ communication skills, logical reasoning and overall confidence and presentation.

No. We do not consider competitive examination marks as part of the selection process.

The interviews are conducted online via Microsoft Teams.

The GRMI campus is located in Sector 44, Gurugram, Haryana.

Yes, you can schedule a campus visit by filling in the Campus Visit Form.

The GRMI campus is centrally located in Gurugram. We do not have residential facilities on campus.

However, our campus is surrounded by residential areas offering multiple accommodation options, such as PGs and independent flats for rent.

Students are free to select their accommodation based on their convenience and preferences. To facilitate this process, we have identified select properties based on our research. Students can explore these options and contact the property owners directly.

The GRMI campus is conveniently located, with several essential facilities and transport options nearby:

• Metro Station: HUDA City Centre Metro Station (900 m)
• Hospital: Fortis Hospital (700 m)
• Railway Station: Gurugram Railway Station (7.2 km)
• Airport: Indira Gandhi International Airport (12 km)

You will also find supermarkets, shopping malls, restaurants, cafés and parks near the campus.

To know more about 1 year PGDRM course, click here.

or

You can write to us at admissions@grm.institute

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Fill up the enquiry form on our website or just drop a query on our website chat.

After submitting the query, you will receive a mail immediately with all the details about the course. Our team contacts the candidate within 48 hours for an on call discussion (only if the details and the query submitted is genuine and correct).

Wait for atleast 48 hours for the call. If you don’t receive a call from our admissions team, it could be because of incorrect details in the form.

But if the details were correct, feel free to send a reminder on admissions@grm.institute

Candidate with minimum 50% in graduation with or without work experience(0-4 years) and interest in Risk Management can apply for this course.

Yes, graduates from any academic background can apply for this course. Since it is a specialised programme, candidates interested in pursuing a career in Risk Management can opt for it.

We recommend every candidate to go through the course curriculum and do the research. To know more about the course curriculum, click here.

At GRMI, we will endeavour to develop a talented pool of professionals trained on a world class Risk Management curriculum, thus creating an ecosystem enabling all large corporates to hire trained risk managers. Our aspirational aim is to place our students across the globe and in leading Risk Consulting firms and large Corporates in India to make GRMI an international and national talent-sourcing hub for budding risk managers.

In terms of concrete actions to honor our commitment to securing placements for all students of GRMI, we have already had discussions with leading consulting firms and industry players, and they have shown keen interest in hiring an all round specialist from GRMI in their organization, as that will help them gain substantial productivity and efficiency from day 1.

Some of the large consulting and risk consulting organisations like IBM, Accenture, EY, KPMG, PwC, Deloitte, Protiviti, RSM International, Grant Thornton, etc. and other large corporate organisations like General Electrics (GE), Tata Group, PepsiCo etc. are potential recruiters We will also leverage our global client connects with Fortune companies to channelize placements through GRMI. Our strategic partners with leading Global HR associations – Society of Human Resources Management (‘SHRM’) will give our students a great opportunity to explore placement opportunity on the global canvas.

No. Only graduates with a minimum of 50% score/CGPA, with or without 0-4 years of work experience, can apply for our 1-year PGDRM programme.

It’s heartening to see this question being asked so regularly. This clearly indicates that young graduates are thinking in the right direction and want to build their careers on strong concepts and knowledge.

GRMI has built its course curriculum around strong fundamentals to ensure that students understand business value chains and risk management concepts, along with their practical application in the corporate world. Our course focuses on providing students with practical understanding across seven key areas: Manufacturing, Services, Hospitality, Telecom, IT, Human Resources and Regulatory Compliance. This prepares students to explore career opportunities across different industries.

Further, our course delivery is significantly based on a live case study approach. These case studies are developed in consultation with CXOs of Fortune 500 companies across the globe. An enviable mix of corporate leaders and leading academics delivers the curriculum, ensuring knowledge-sharing through practical corporate examples.

This combination of course structure and delivery model positions GRMI students to graduate with a strong command of concepts and practical knowledge compared with their peers.

No. If your application is rejected, it will not be accepted till at least 6 months from the date of the interview.

Yes, 6-8 weeks of internship is part of the curriculum and the Institute guarantees the internship which is related to the curriculum.

Students were part of companies like PepsiCo, PwC, HT Media, Grant Thornton LLP, Deloitte, TPG Capital ,etc. For more details, click here.

Attendance criteria shall be a minimum of 80% individually in each subject for the student to be eligible to sit for internship/placement process. In case the student falls short of required attendance, he/she is required to attend for subjects with subsequent batch(s) to be able to requalify for internship/placement process.

The Minimum 80% attendance criteria applies to non-graded subjects, activities, and sessions like but not limited to Guest Speaker Sessions, Knowledge Sessions, Business Communication and Excel Classes.

Unique GRMI curriculum and demand plus job opportunities in the field of Risk Management, assure placements for all students who meet the attendance and score criteria. GRMI assists for internship/placement to all students who meet the necessary criteria for internship/placement and has achieved 98% placements at a salary package of Rs. 9.75 LPA median CTC. The records have been published student wise on the ‘Internships & Placement’ page on the website and is updated regularly. To be 100% transparent, GRMI has listed LinkedIn profiles of all students who can be contacted by the potential future students.

Rs. 9.75 LPA median CTC

For Fees and Loan details, click here.

The application fee is of INR 2,500 that is to be paid using our payment portal to complete your application. This cost will be adjusted in the fee structure for 1 year PGDRM programme once you are offered in the programme. The fee is non-refundable.

We do provide student loans. Our education loan partners are amongst NBFCs and nationalised banks. For more details, click here.

We do not offer pre-merit scholarships. However, scholarships are available to students after completing the PGDRM programme. Click here to know more about the scholarship procedure.

The scholarship process starts after the selection of the student. Our team will guide you through the entire process.

After the selection, the candidates are guided through the entire process by our finance team.